CALL OR EMAIL JOSEPH 602-584-1444 Joseph@dispoflo.com
Type: Single-Family Home
Beds / Baths: 3 Beds / 2 Baths
SqFt: 1,244
Lot Size: 6,717 SqFt
Year Built: 1993
Price: $319,900 ARV: $420,000
Description:
Excellent value-add opportunity in Mesa's 85206 zip code! This 3-bedroom, 2-bathroom single-family home offers 1,244 SqFt of living space on a 6,717 SqFt lot. With the roof and water heater replaced within the last five years, investors can focus on cosmetic improvements rather than major replacements to those components. Multiple exit strategies include a light paint-and-list approach targeting the high $300Ks or a cosmetic renovation targeting the mid $400Ks. At a $319,900 purchase price and $420,000 ARV, this property offers attractive potential for investors seeking a quick resale or cosmetic flip.
Notes:
Owner occupied; appointment required
Only one showing available
Roof replaced within the last 5 years
Water heater replaced within the last 5 years
HVAC approximately 13 years old
Paint-and-list strategy targeting high $300Ks
Cosmetic flip strategy targeting mid $400Ks
Title: First Integrity Title
Earnest Money: $5,000
Closing Date: 12/10
30-day post-possession through 1/10
$5,000 escrow holdback
Comparable Sales:
ARV: $420,000
Paint-and-list resale target: High $300Ks
Cosmetic flip resale target: Mid $400Ks
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Figures from the seller unless a line says otherwise. Verify before you close.